Legal Opinion
Southern Trust Mortgage Co. v. K & B Door Co.
Nevada Supreme Court
Decided October 26, 1988No. 17630PublishedCited by 8 opinions
1Opinion of the Court
OPINION
2Per curiam
Appellant Southern Trust Mortgage Company (STM) financed the Victoria Villas housing project in Clark County. The developer, Renaissance Development Company, Inc. (Renaissance), arranged a loan from STM for the estimated construction costs. The first funds were advanced on December 22 of 1981, secured by a deed of trust on the whole project. The loan agreement between STM and Renaissance very unequivocally provided that
[a]nything herein to the contrary notwithstanding, it is specifically understood and agreed that all funds furnished by Lender [STM] and employed in performance of the…
3Cases cited6 opinions
- Reno Club, Inc. v. Young Investment Co.Nevada Supreme Court · 1947
- Mohr Park Manor, Inc. v. MohrNevada Supreme Court · 1967
- Rankin v. New England & Nevada Silver Mining Co.Nevada Supreme Court · 1868
- Renshaw v. RenshawNevada Supreme Court · 1980
- Russell v. ThompsonNevada Supreme Court · 1980
1 more not listed; retrieve them via the Exa API.
4Cited by8 opinions
- Kaldi v. Farmers Insurance ExchangeNevada Supreme Court · 2001
- Ellison v. California State Automobile Ass'nNevada Supreme Court · 1990
- Love v. LoveNevada Supreme Court · 1998
- Insurance Co. of North America v. Hilton Hotels U.S.A., Inc.District Court, D. Nevada · 1995
- J.A. Jones Construction Co. v. Wilmington Trust Co.Nevada Supreme Court · 2006
3 more not listed; retrieve them via the Exa API.